3 ms·
I have a counter-proposal: Paul Graham and others have described Y Combinator as large; many US-based entrepreneurs described San Francisco as far and a handful
by bertil 13y ago
I have a counter-proposal: Paul Graham and others have described Y Combinator as large; many US-based entrepreneurs described San Francisco as far and a handful of comments here point out how concentration in one city is hurting everyone.
Why not start a Y Combinator in Europe and in Asia?
Yes, that would require flight tickets to visit from organisations, but that would also allow a better access to incredible initiatives (that keep yelling in unheard comments that Silicon Vally is neglecting them) such as London’s Start-up Roundabout, Paris’ The Family and certainly far more in Berlin, Copenhagen and Amsterdam. I can’t imagine Singapour, Beijing and Hong-Kong and GuandDong have any less merits, certainly with hardware, or less things to learn from Y Combinator.
What both need is access to capital and access to expertise on how to make that kind of deals; what Y Combinator provides is a needed discipline about testing and scaling, and that. Both travel far better than the founders, who are best because of their network of skilled friends, understanding of local markets and more. Yes, it might require a standard contract to make European or Chinese company have a finance subsidiary in the US to reassure US investors… but dealing with that kind of complication is what YC is good at, much better than any local equivalent.
I would hate to see YC come and unify how to make start-ups. Diversity is key, certainly in something as creative as making companies happen. I was kind of relieved when I noticed no one wrote that idea. But also disappointed: it would be in YC spectacular interest to try.